Articles from www.theblock.co

Articles from www.theblock.co

A July 2022 proposal deck shows that Babel Finance lost 8K BTC and 56K ETH, worth $280M+, in proprietary trading of customer funds, as it seeks to raise money (www.theblock.co)
2022-7-30 ETH

Space and Time, a decentralized blockchain data platform, raised a $10M seed led by Framework Ventures, and says it is building a new cryptographic protocol (www.theblock.co)
2022-7-29 Blockchain Decentralize

Center, which wants to index and organize every NFT on every chain and says it has indexed 120M NFTs so far, has raised $11M in seed funding (www.theblock.co)
2022-7-29

Unstoppable Domains, which offers NFT domains as a personal identifier across Web3 apps, raised a $65M Series A led by Pantera Capital at a $1B+ valuation (www.theblock.co)
2022-7-27

Bitfinex and Tether partner with P2P infrastructure developer Hypercore to launch the Holepunch protocol and peer-to-peer encrypted video calling app Keet (www.theblock.co)
2022-7-25 P2P

Blockchain infrastructure company Chain acquires Measurable Data Token ecosystem, including cash-back app RewardMe and financial data protocol MeFi, for $100M (www.theblock.co)
2022-7-24 Blockchain

The SEC lists nine crypto tokens as securities in its insider trading complaint against an ex-Coinbase staffer; Coinbase petitions for rules classifying tokens (www.theblock.co)
2022-7-22 Coinbase

Singapore-based crypto exchange Zipmex suspends withdrawals, citing “volatile market conditions” (www.theblock.co)
2022-7-21 Singapore

NFT marketplace OpenSea CEO Devin Finzer says it laid off roughly 20% of employees; OpenSea has 769 employees according to its LinkedIn page (www.theblock.co)
2022-7-15 LinkedIn

Merkle Manufactory, which is developing a decentralized social network protocol called Farcaster, has raised $30M led by a16z (www.theblock.co)
2022-7-15 Decentralize

Multicoin Capital announces its third fund, which closed in January and is worth $430M; cofounders Kyle Samani and Tushar Jain are the fund's largest LPs (www.theblock.co)
2022-7-13

Crypto lender Vauld disclosed a ~$70M shortfall, listing $330M in assets and $400M in liabilities, but says the numbers may not be final as audits are ongoing (www.theblock.co)
2022-7-12 Asset

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